Magical Thinking Quotes
Spinoza was one of the most feared intellectuals in human history—feared, that is, by the established power structures. Spinoza’s ideas were considered so radical and dangerous that he was the only man in history who was excommunicated by the Catholics, the Jews and the Muslims.
He observes that many of the richest people and businesses are those who have lobbied for laws that either enrich them or hinder their competitors. Reduced regulations turn into "gold" on several ways: The company no longer has the administrative cost of complying with the regulations—thus increasing their profits. At the same time often the regulation prevents taking advantage of consumers or other businesses and when repealed, the company can go back to the pre-regulation era and obtain more business or higher prices, both of which increase profits—gold.